Why Americans Are Failing the Grade at Financial Literacy

The video discusses the financial literacy crisis in the US, highlighting survey results that show Americans struggle with budgeting, debt, and savings. It emphasizes the lack of formal financial education in schools and the predatory practices of the financial industry. The video suggests looking to Scandinavian countries for solutions, where financial education starts early. It encourages parental involvement and provides resources for self-education, urging viewers to advocate for better financial literacy education.

What percentage of US households do not keep a budget?

What is the average amount of student loans carried by college students?

What is the median retirement savings for Americans aged 55 to 64?

What is one major factor contributing to the lack of financial literacy in America?

What is the ratio of spending on consumer education to marketing by the financial industry?

How do Scandinavian countries rank in financial literacy compared to the US?

What can parents do to help improve their children's financial literacy?